Archer Capital Growth Funds Managing Partners Tim Spencer, Scott Greck and Craig Cartner — who didn’t use a placement agency — called for a final close on June 30, exactly 12 months after launching the raising.

“We received commitments from sovereign wealth funds, pension funds and fund of funds; split 60% domestic and 40% international,” Mr. Spencer told Deal Journal Australia. A$5 million of the fund was raised from high net worth individuals, he added.

About Deal Journal Australia

Deal Journal Australia is an up-to-the-minute take on the deals and deal makers that shape the Australian landscape, including mergers and acquisitions, capital raisings, private equity and debt markets. In short, wherever money changes hands. Deal Journal Australia is updated throughout each trading day with exclusive commentary, analysis, data, news flashes and profiles. The Wall Street Journal’s Gillian Tan is the lead writer, with contributions from other Journal and Dow Jones reporters and editors. Send news items, comments and questions to gillian.tan@wsj.com.

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